RELY - NASDAQ
Remitly Global, Inc.
$19.73
-0.59%Remitly Global, Inc. provides digital financial services for immigrants and their families. It primarily offers cross-border remittance services in approximately 150 countries. The company was incorporated in 2011 and is headquartered in Seattle, Washington.
At a Glance
Live SnapshotRemitly Global, Inc. Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.
Net Profit Margin
Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.
Effective Tax Rate
Below-average tax rate suggests effective tax planning, favorable jurisdictions, or tax credits.
Profitability Insight
Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.
Remitly Global, Inc. Income Statement
RELY • NASDAQ
| Remitly Global, Inc. Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | Dec 2006 | Dec 2005 | Dec 2004 | Dec 2003 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
REVENUE | ||||||||||||||||||||
1.6B | 1.3B | 944.3M | 653.6M | 458.6M | 257M | 126.6M | 1.3B | 1.2B | 1.1B | 42M | 43.5M | 43.9M | 16.5M | 0.0 | 0.0 | 637.7M | 0.0 | 0.0 | 0.0 | |
GROSS PROFIT | ||||||||||||||||||||
(700.8M) | (515.5M) | (411.6M) | (326.9M) | (237.1M) | (135.8M) | (73.3M) | (1.3B) | (1.2B) | (1.1B) | (25.7M) | (23.4M) | (22.7M) | (10M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
934.4M | 748.4M | 532.7M | 326.6M | 221.5M | 121.1M | 53.3M | 59.1M | 66.7M | 74.9M | 16.3M | 20.1M | 21.2M | 6.5M | 0.0 | 0.0 | 637.7M | 0.0 | 0.0 | 0.0 | |
OPERATING INCOME | ||||||||||||||||||||
(852.7M) | (787.5M) | (646.8M) | (447.7M) | (261.2M) | (150.3M) | (103.9M) | (54.7M) | (63.4M) | (58M) | (47.7M) | (49M) | (46.4M) | (32.5M) | -32.9M | -28.6M | (647M) | -367.6M | -357.2M | -219.1M | |
(568M) | (499.7M) | (413.8M) | (302.2M) | (191.8M) | (105.5M) | (69.2M) | (52.3M) | (61M) | (56M) | (18.9M) | (17.7M) | (17.1M) | (5.2M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
(313.9M) | (269.8M) | (219.9M) | (138.7M) | (64.1M) | (40.8M) | (32M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
81.6M | -39.1M | -114.2M | -121M | -39.7M | -29.2M | -50.6M | -129.3M | -68.8M | 17.4M | 1.7M | -5.9M | -2.7M | -11.5M | -32.9M | -28.6M | 55M | 327.9M | 308.4M | 584.5M | |
PRE-TAX INCOME | ||||||||||||||||||||
(7.6M) | (3.2M) | (2.4M) | (1.3M) | (1.3M) | (1.2M) | (1.6M) | (200K) | (34.7M) | (33.4M) | (905K) | (3.9M) | (4.2M) | (3.9M) | -19.4M | -4.7M | (64.3M) | (340.7M) | (202.6M) | (155.4M) | |
87K | 4.8M | 5.1M | 2.8M | -1.1M | -916K | -497K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-29.2M | (18.1M) | (13.1M) | (6.7M) | (5.3M) | (4.1M) | (2.7M) | (2.4M) | (2.4M) | (2M) | (28.8M) | (31.2M) | (29.2M) | (27.3M) | -32.9M | -28.6M | (647M) | -367.6M | -357.2M | -219.1M | |
-10M | 8.8M | 2.3M | 8.1M | 2M | -2.2M | -531K | 700K | -35M | -58.2M | -3.3M | -3.9M | -663K | -453K | 19.4M | 19.8M | -64.3M | 221M | 293.3M | -155.4M | |
71.6M | -30.3M | -111.9M | -113M | -37.7M | -31.4M | -51.1M | -128.6M | -103.8M | -40.8M | -1.5M | -9.9M | -3.4M | -12M | -13.5M | -8.9M | -9.3M | 548.9M | 601.7M | 429.1M | |
NET INCOME | ||||||||||||||||||||
(3.7M) | (6.7M) | (5.9M) | (1M) | (1M) | (1.2M) | (259K) | -7.8M | -600K | -9.1M | -4.7M | (163K) | (580K) | -2.6M | (150K) | -4.7M | (64.3M) | -221M | -247.9M | (155.4M) | |
67.9M | -37M | -117.8M | -114M | -38.8M | -32.6M | -51.4M | -120.8M | -103.2M | -31.7M | 3.1M | -10M | -4M | -9.3M | -13.7M | -4.2M | -73.6M | 769.9M | 849.6M | 273.7M |
SEC Filings
RELY - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-Q 10-Q 2026 Q1 Q1 | May 06, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 06, 2026 | May 06, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 24, 2026 | June 10, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 10, 2026 | April 06, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 20, 2026 | March 16, 2026 | 2026 | |
8-K 8-K 2026 N/A | February 18, 2026 | February 18, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 18, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 18, 2026 | February 18, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 05, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 05, 2025 | November 05, 2025 | 2025 |
Related Guides
Continue your RELY research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.